Glossary

CAGE CULTURE

Shrimp farming method where ponds or culture areas are enclosed with floating cages, allowing for better control and protection of shrimp.

INDUSTRY TERMS

CASH IN ADVANCE (CIA)

A payment method where the exporter requires the importer to pay for the goods in full before shipment.

PAYMENT TERMS

CIP (Carriage and Insurance Paid To)

An Incoterm similar to CPT, but the seller is also responsible for arranging and paying for insurance until the goods are delivered to the carrier or another named party.

INCOTERMS

CLEAN TECHNOLOGIES

Utilization of environmentally friendly practices and technologies in shrimp aquaculture, minimizing negative impacts on the environment

ENVIRONMENT AND HABITAT

COLD CHAIN

The handling and preservation system of shrimp from harvest to delivery to the end consumer, maintaining a controlled temperature to preserve its quality.

ENVIRONMENT AND HABITAT

COLD STORAGE

A facility where shrimp are stored at very low temperatures to maintain their quality and shelf life.

SHIPPING AND LOGISTICS

COLOR OF SHRIMP

The natural hue of the shrimp, which can vary depending on the species, ranging from grayish-brown to pink, white, or even blue.

HOSO shrimps are graded by color, ranging from A1 (lightest) to A5 (darkest), reflecting their habitat. A1 shrimp are found in sandy ponds, while A5 shrimp come from ponds with black liners.  Other shrimp presentations are not typically graded by color.

SHRIMP FEATURES

COMPETITIVENESS

The ability of shrimp producers to remain and excel in the market, offering quality products and adapting to consumer demands.

ENVIRONMENT AND HABITAT

CONSIGNMENT

A payment method where the exporter retains ownership of the goods until they are sold by the importer, who then pays the exporter based on the sales proceeds.

PAYMENT TERMS

CONTAINER

A container is a standardized, large metal or plastic storage unit used for the transportation and storage of goods. It is designed to be easily handled, stacked, and transported by various modes of transportation, such as ships, trains, or trucks.

The most common sizes include 20-foot (6.1 meters) and 40-foot (12.2 meters) containers.

SHIPPING AND LOGISTICS

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